Ceiling Profit Rate definition

Ceiling Profit Rate. Means the contracted profit rate applicable to the Facility as set out in the Letter of Offer or such other rate of profit that the Bank may prescribe at any time.
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Ceiling Profit Rate means the contracted profit rate as stated in the relevant Letter of Offer for the calculation of the relevant Bank’s Sale Price in respect of the relevant Asset Sale Agreement; Commodity in relation to the Murabahah transaction, means the commodity as acceptable to the Bank particularly as stated in the relevant Asset Sale Agreement; Commodity Murabahah Term Financing-i or CMTF-i Facility means the Commodity Murabahah term financing-i facility, the principal terms of which are set out in Clause 2.1;
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Ceiling Profit Rate means the ceiling profit rate as stated in the Letter(s) of Offer for the purpose of calculation of the Asset Sale Price pursuant to the Commodity Murabahah transaction under the Facility.
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Examples of Ceiling Profit Rate in a sentence

  • You shall agree with the Effective Profit Rates to be revised upwards (not exceeding the Ceiling Profit Rate as specified in the terms and conditions), in the event the salary deduction / salary transfer is withdrawn / non-crediting for what so ever reason.

  • Any revision in the Effective Profit Rate as aforesaid shall not exceed the Ceiling Profit Rate.

  • You will be provided a facility with the following key features: Note:• Base Financing Rate (“BFR”) and Base Rate (“BR”) will be determined by Bank from time to time.• If there is any change to the BFR or BR, the Bank will give you written notice (which also includes via electronic means) within seven (7) business days from the date of such changes taking effect.• Current BFR is 6.25% p.a and BR is 3.40% p.a• Ceiling Profit Rate (“CPR”).

  • However, the monthly profit will not exceed the Ceiling Profit Rate.

  • The Bank’s Selling Price is derived based on the Ceiling Profit Rate (“CPR”) which is fixed throughout the financing tenure.

  • The Ceiling Profit Rate is: 10.25% p.a and 9% p.a (if applicable).

  • The acceleration and appearance of cavitation bubbles was estimated with calibrated high-speed video.Results and DiscussionFig.

  • Current BFR is 6.75% p.a.• Ceiling Profit Rate (“CPR”).• Effective Profit Rate (“EPR”): Charged on the utilised credit limit granted by the Bank.

  • Ceiling Profit Rate (CPR): BFR + 4% p.a. or 10% p.a., whichever is higher for selling price calculation.

  • Any principal portion paid prior to maturity shall reinstate the facility up to the approved limit. If applicable, Ibra` (rebate) may be granted if there is a difference between Ceiling Profit Rate and Prevailing Profit Rate.


More Definitions of Ceiling Profit Rate

Ceiling Profit Rate means the ceiling profit rate of 18 per cent per annum which is the rate used to calculate the Murabahah Price (Bank’s Sale Price);
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Related to Ceiling Profit Rate

  • Floating Profit/Loss means current profit/loss on Open Positions calculated at the current Quotes.

  • Adjusted CD Rate has the meaning set forth in Section 2.07(b).

  • Final Average Compensation means the aggregate amount of a member's compensation earned within the averaging period in which the aggregate amount of compensation was highest divided by the member's number of years, including any fraction of a year, of credited service during the averaging period. The averaging period shall be 36 consecutive calendar months if the member contributes to the member investment plan except for a member who contributes to the member investment plan and first became a member on or after July 1, 2010; otherwise, the averaging period shall be 60 consecutive calendar months. A member who contributes to the member investment plan and first became a member on or after July 1, 2010 shall also have an averaging period of 60 consecutive calendar months. If the member has less than 1 year of credited service in the averaging period, the number of consecutive calendar months in the averaging period shall be increased to the lowest number of consecutive calendar months that contains 1 year of credited service.

  • Gross Operating Profit For any Fiscal Year, the excess of Gross Revenues for such Fiscal Year over Gross Operating Expenses for such Fiscal Year.

  • Operating Profit means the excess of Gross Revenues over the following deductions (“Deductions”) incurred by Manager, on behalf of Owner, in operating the Hotel:

  • Supplier Profit Margin means, in relation to a period, the Supplier Profit for the relevant period divided by the total Charges over the same period in respect of any Call Off Agreements and expressed as a percentage;

  • total earnings means all of the dentist's gross earnings from the practice of dentistry by him in person, and "NHS earnings" means the dentist's gross earnings from the provision by him in person of general dental services under the National Health Service (Scotland) Act 1978, as amended, including where the dentist's name is included in sub-part A of the first part, or Part A prior to 2 July 2010, of two or more dental lists in Scotland, but neither his total earnings nor his NHS earnings shall be taken to include any remuneration by way of salary;

  • Base Year Value means the assessed value of eligible property January 1 preceding the execution of the agreement plus the agreed upon value of eligible property improvements made after January 1 but before the execution of the agreement.

  • EBITDA Margin means the ratio between (a) EBITDA and (b) total toll and other concession revenues.

  • Adjusted One Month LIBOR Rate means, an interest rate per annum equal to the sum of (i) 1.00% per annum plus (ii) the Adjusted LIBO Rate for a one month Interest Period on such day (or if such day is not a Business Day, the immediately preceding Business Day); provided that, for the avoidance of doubt, the Adjusted LIBO Rate for any day shall be based on the Screen Rate at approximately 11:00 a.m. London time on such day.

  • Adjusted EBITDA Margin means Adjusted EBITDA divided by operating revenue;

  • Average Compensation means the average of your W-2 wages from the Company for the five (5) calendar years completed immediately prior to the calendar year in which the Change in Control is effected. Any W-2 wages for a partial year of employment will be annualized, in accordance with the frequency which such wages are paid during such partial year, before inclusion in Average Compensation.

  • Average Monthly Compensation means the quotient determined by dividing the sum of the Employee’s then current Base Salary (as defined in Section 4.1 hereof) and the greater of the most recently paid Incentive Compensation (as defined in Section 4.2 hereof) or the average of Incentive Compensation paid over the three most recent years by twelve.

  • Determination Year means the Plan Year for which testing is being performed, and the “look-back year” means the immediately preceding twelve (12) month period.

  • Rate of Gross Profit means the gross profit earned expressed as a percentage of the turnover during the period between the date of the commencement of the business and the date of the incident.

  • Highest Average Compensation means the average Compensation for the three (3) consecutive years of Service with the Employer that produces the highest average. A Year of Service with the Employer is the twelve (12) consecutive month period identical to the Plan Year.

  • Operating Profits means, as applied to any Person for any period, the operating income of such Person for such period, as determined in accordance with GAAP.

  • Final average salary means whichever of the following is greater:

  • Daily Adjusting LIBOR Rate means, for any day, a per annum interest rate which is equal to the quotient of the following:

  • Adjusted Net Earnings means net earnings (loss) attributable to common stockholders as reported in the Company’s periodic reports filed with the Securities and Exchange Commission, provided that such amount shall be adjusted by reversing the following, to the extent such adjustments were made in calculating such net earnings (loss) attributable to common stockholders:

  • Adjusted LIBOR Rate means, at any time with respect to any LIBOR Loan, a rate per annum equal to the LIBOR Rate as in effect at such time plus the Applicable Margin Percentage for LIBOR Loans as in effect at such time.

  • Expense Rate As to each Mortgage Loan, the sum of the Master Servicing Fee Rate and the Trustee Fee Rate.

  • Adjusted gross income means that term as defined in section 62 of the internal revenue code of 1986.

  • Reference Year shall have the meaning given it in the Summary.

  • Base Period Income Base Period Income" is an amount equal to Executive's "annualized includable compensation" for the "base period" as defined in Sections 280G(d)(1) and (2) of the Code and the regulations adopted thereunder. Generally, Executive's "annualized includable compensation" is the average of Executive's annual taxable income from Company for the "base period," which is the five calendar years prior to the year in which the Change of Control occurs. These concepts are complicated and technical and all of the rules set forth in the applicable regulations apply for purposes of this Agreement.

  • Adjusted Net Earnings from Operations means, with respect to any fiscal period of the Borrower, the Borrower’s net income after provision for income taxes for such fiscal period, as determined in accordance with GAAP and reported on the Financial Statements for such period, excluding any and all of the following included in such net income: (a) gain or loss arising from the sale of any capital assets; (b) gain arising from any write-up in the book value of any asset; (c) earnings of any Person, substantially all the assets of which have been acquired by the Borrower in any manner, to the extent realized by such other Person prior to the date of acquisition; (d) earnings of any Person in which the Borrower has an ownership interest unless (and only to the extent) such earnings shall actually have been received by the Borrower in the form of cash distributions; (e) earnings of any Person to which assets of the Borrower shall have been sold, transferred or disposed of, or into which the Borrower shall have been merged, or which has been a party with the Borrower to any consolidation or other form of reorganization, prior to the date of such transaction; (f) gain arising from the acquisition of debt or equity securities of the Borrower or from cancellation or forgiveness of Debt; (g) gains or non-cash losses arising from Hedge Agreements entered into by Borrower, and (h) gain arising from extraordinary items, as determined in accordance with GAAP, or from any other non-recurring transaction.